The Day Today

The Day Today 30 Sept

* It’s all about whether the US Govt really will shutdown if a compromise can’t be found by midnight tonight. If it does, Goldmans estimate the US econ takes a $8bn hit each week http://on.ft.com/1fTRdHV * WSJ explains how a NFP report could be released even with a shutdown http://on.wsj.com/14Tyo35 * Why shutdown now might…

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The Day Today 27 Sept

* GBP boosted by Carney in the Yorkshire Post: http://bit.ly/19LFtRw “THE Bank of England would consider the case for more quantitative easing should the recovery falter, Mark Carney told the Yorkshire Post. “But my personal view is, given the recovery has strengthened and broadened, I don’t see a case for quantitative easing and I have…

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The Day Today 26 Sept

* Panel advising Japan’s GPIF pension fund delivers interim report today on asset allocation {NSN MTPYQC6TTDSK <go>} * Kyodo news: Japan’s Govt plans “urgently” to start a study on cutting the effective corporate tax rate {NSN MTQ0EJ6S972E <go>} * W House puts pressure on with Tsy Sec Lew saying US could run out of funds…

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The Day Today 25 Sept

* Lew Says Investors May Be Too Hopeful on Debt-Limit Debate  {NSN MTNIT30D9L35 <GO>} “People have to take seriously the fact that Congress has a lot of work to do in a short period of time,” the Treasury Secretary said. * Old school filibuster from new Republican senator Ted Cruz who has pledged to fight…

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The Day Today 24 Sept

* Fed’s Fisher (non-voter) says it all: “Here is a direct quote from the summation of my intervention at the table during the policy “go round” when Chairman [Ben] Bernanke called on me to speak on whether or not to taper: “Doing nothing at this meeting would increase uncertainty about the future conduct of policy…

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